Researching whether a college will close
Researching whether a college will closeFor most colleges and universities, competing for high school seniors has been a cutthroat Hunger Games exercise for many years.
Before the pandemic hit, the majority of colleges were failing to meet their freshmen admission goals every year.
At the start of the pandemic, some respected higher-ed observers predicted that many colleges would close by the summer, but that hasn’t happened.
So far, most schools are still open for business. Whether this will last, remains an open question.
Whatever happens, it makes sense to do your own research on whether colleges on your child’s list are financially stable.
Resources to evaluate a college’s financial health
To help you with that task, I’m sharing some new and old resources that attempt to divine how fin...